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A RESOLUTION AUTHORIZING THE CITY OF JONESBORO TO APPROVE THE REQUEST FOR RELEASE OF FUNDS AND TO ENTER INTO AN AGREEMENT WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) FOR THE EXECUTION OF THE 2020 ACTION PLAN
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WHEREAS, the City of Jonesboro, Arkansas has been granted its annual allocation for the fiscal year 2020 in the amount of $616,257 under CDBG Program and $362,524 under CDBG-CV (COVID-19 relief under CARES Act); and
WHEREAS, the CDBG funds are 100% federally funded and local match is not required; and
WHEREAS, the CDBG Program funds shall be used for infrastructure projects, public facility and improvements, homeownership assistance, homeowner rehabilitation assistance, demolition and clearance assistance, homelessness activities, public services, and program administration; and
WHEREAS, the CDBG-CV funds shall be used for support to prevent, prepare for, and respond to the Coronavirus pandemic as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act); and
WHEREAS, the 2020 Annual Action Plan was passed and approved through RES-20:060 by the City Council on June 9, 2020.
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS:
Section 1: The City of Jonesboro will enter into an agreement with the Department of Housing and Urban Development for the execution of the 2020 Action Plan for the aforementioned community development projects and activities.
Section 2: The City of Jonesboro will submit the request for release of funds to the Department of Housing and Urban Development for the execution the approved 2020 Action Plan.
Section 3: The Mayor, Harold Perrin and City Clerk, Donna Jackson are hereby authorized to execute all documents necessary to effectuate this agreement.
PASSED AND APPROVED THIS 21ST DAY OF JULY 2020.